ProShares UltraShort Gold
18 hedge funds and large institutions have $5.34M invested in ProShares UltraShort Gold in 2013 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 11 reducing their positions, and 7 closing their positions.
6.78% less ownership
Funds ownership: 7.64% → 0.86% (-6.8%)
14% less funds holding
Funds holding: 21 → 18 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
82% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 11
87% less capital invested
Capital invested by funds: $40.2M → $5.34M (-$34.8M)
90% less call options, than puts
Call options by funds: $11.3M | Put options by funds: $116M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$503K |
| 2 |
PAA
Peregrine Asset Advisers
Portland,
Oregon
|
+$330K |
| 3 |
CCMD
Cypress Capital Management (Delaware)
Greenville,
Delaware
|
+$231K |
| 4 |
AIG
American International Group
New York
|
+$38.9K |
| 5 |
WA
WFG Advisors
Dallas,
Texas
|
+$9.43K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$16.5M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$13.2M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$3.67M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.19M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$1.08M |
GLL Hedge Fund Activity: Q4 2013 in Review
18 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Gold (GLL) for Q4 2013, worth a combined $5.34M — down 87% from $40.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of GLL and 4 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 2 added.
The largest buyer was LPL Financial, opening a new position worth an estimated $503K. The largest seller was Virtu Financial, cutting an estimated $16.5M.
- 18 institutional investors held ProShares UltraShort Gold (GLL) as of Q4 2013, down from 21 in Q3 2013.
- Funds reported $5.34M of ProShares UltraShort Gold stock for Q4 2013, down 87% quarter-over-quarter.
- 4 funds opened new ProShares UltraShort Gold positions in Q4 2013 and 7 closed out, a net change of -3 holders.
- The largest ProShares UltraShort Gold buyer in Q4 2013 was LPL Financial, an estimated $503K added.
- The largest ProShares UltraShort Gold seller in Q4 2013 was Virtu Financial, an estimated $16.5M sold.
Based on aggregated 13F filings for Q4 2013.